Top honours for TELUS at Corporate Reporting Awards

TORONTO, Nov. 21, 2012 /CNW/ - For the third straight year, TELUS
Corporation captured top honours at the Corporate Reporting Awards,
presented annually by the Canadian Institute of Chartered Accountants
(CICA).

The awardshave recognized the best reporting practices in the country for more
than 60 years and honour both Canadian corporations and Crown
organizations. TELUS has now won the top prize five of the past six
years.

"This is a very impressive run for TELUS and it clearly demonstrates the
company's commitment to best practices in corporate reporting," said
Kevin Dancey, FCA, president and CEO of the CICA. "If this were a
professional sport, you would be looking at a dynasty fuelled by
foresight and a dedication to continuous improvement."

TELUS collected two awards and two honourable mentions at the gala event
in Toronto. In addition to the Overall Award of Excellence, the
company captured the Communications and Media industry award along with
Honourable Mentions for Sustainable Development Reporting and Corporate
Governance Disclosure.

"At TELUS, we strive to continually raise the bar in terms of the
quality and value of our stakeholder disclosures and it is gratifying
to be recognized for our efforts by the CICA. We are particularly
honoured to have received the top award for five of the past six years
and it is a testament to the quality and dedication of the external
reporting team at TELUS who produce such a best-in-class product," said
Robert McFarlane, TELUS executive vice-president and CFO. "I also
appreciate the many volunteer judges and supporting organizations that
make this important awards event and feedback program possible. Their
constructive input has been very valuable over the years and encourages
us to continue innovating and enhancing how we communicate each year."

PotashCorp was the only other multiple winner collecting the Mining
category honour and the Award of Excellence for Financial Reporting. In
total, 22 awards and honourable mentions were presented at the event.

"These are the most prestigious and coveted national awards of their
kind in Canada," stressed Shelley Brown, FCA, chair, CICA Board of
Directors. "The competing organizations strive to be the best when it
comes to presenting information in a relevant, understandable and
reliable way. Congratulations to all the winners and participants."

The goal of the awards program, organized by the CICA on behalf of the
CA profession, is to enhance the quality of corporate and financial
reporting in Canada. A publication profiling comments from the judges
about the winning entries is available online (www.cica.ca/cra).

Here is a complete list of the winners:

Industry Sector

Communications & Media

TELUS

Life Sciences/Technology

Newalta Corporation

Oil & Gas

Nexen Inc.

Diversified Industries

SNC-Lavalin

Financial Services

BMO Financial Group

Mining

PotashCorp

Utilities & Pipelines/Real Estate

Enbridge Inc.

Consumer Products

Canadian Tire Corporation, Limited

Industrials & Energy

Enerflex Ltd.

Small Cap/Venture

Pure Technologies Ltd.

Special Judging Categories

Award of Excellence for Financial Reporting:

PotashCorp

Honourable Mention:

Bombardier Inc.

Award of Excellence for Electronic Disclosure:

Talisman Energy

Honourable Mention:

Agnico-Eagle Mines Ltd.

Award of Excellence for Sustainable Development Reporting:

Suncor Energy

Honourable Mention:

TELUS

Award of Excellence for Corporate Governance Disclosure:

Royal Bank of Canada

Honourable Mention:

TELUS

Overall Award of Excellence:

TELUS

Crown Corporations - Large Federal:

Export Development Canada

Crown Corporations - Small Federal:

Royal Canadian Mint

Crown Corporations - Provincial:

Saskatchewan Transportation Company

Chartered Accountants (CAs) are Canada's most valued, internationally recognized profession of
leaders in senior management, advisory, financial, tax and assurance
roles. Through their integrity, expertise, and internationally
recognized qualification standards, Canada's 82,000 CAs sustain their
influence and leadership position both in Canada and globally. As
trusted business advisors to Canadian organizations of all sizes,
Canada's CAs foster confidence in Canadian business and contribute to
the health and sustainability of Canada's capital markets and economy.
The Canadian Institute of Chartered Accountants (CICA) represents
Canada's CA profession both nationally and internationally. The CICA is
a founding member of the International Federation of Accountants (IFAC)
and the Global Accounting Alliance (GAA).